Colliers Securities Weighs in on Vishay Precision Group, Inc.’s Q2 2021 Earnings (NYSE:VPG)

Vishay Precision Group, Inc. (NYSE:VPG) – Stock analysts at Colliers Securities lifted their Q2 2021 EPS estimates for Vishay Precision Group in a note issued to investors on Monday, June 7th. Colliers Securities analyst R. Ryan now forecasts that the scientific and technical instruments company will earn $0.31 per share for the quarter, up from their prior estimate of $0.30. Colliers Securities has a “Buy” rating and a $43.00 price objective on the stock. Colliers Securities also issued estimates for Vishay Precision Group’s FY2021 earnings at $1.44 EPS and FY2022 earnings at $1.81 EPS.

Several other brokerages have also recently weighed in on VPG. TheStreet cut Vishay Precision Group from a “b-” rating to a “c+” rating in a research note on Tuesday, March 23rd. B. Riley raised their target price on Vishay Precision Group from $34.00 to $41.00 and gave the company a “buy” rating in a research note on Thursday, February 11th.

Shares of VPG stock opened at $35.61 on Wednesday. The company’s 50-day moving average price is $32.77. Vishay Precision Group has a fifty-two week low of $22.12 and a fifty-two week high of $37.08. The company has a market capitalization of $484.65 million, a PE ratio of 39.13, a P/E/G ratio of 1.65 and a beta of 1.42. The company has a debt-to-equity ratio of 0.16, a current ratio of 4.95 and a quick ratio of 3.50.

Vishay Precision Group (NYSE:VPG) last released its quarterly earnings results on Tuesday, May 11th. The scientific and technical instruments company reported $0.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.03. Vishay Precision Group had a return on equity of 7.11% and a net margin of 4.56%. The company had revenue of $70.59 million during the quarter, compared to analysts’ expectations of $66.41 million.

In related news, Director Wes Cummins purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 3rd. The stock was acquired at an average price of $34.16 per share, for a total transaction of $341,600.00. Following the transaction, the director now directly owns 5,624 shares of the company’s stock, valued at approximately $192,115.84. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 6.63% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. Needham Investment Management LLC boosted its position in shares of Vishay Precision Group by 12.3% in the 4th quarter. Needham Investment Management LLC now owns 241,500 shares of the scientific and technical instruments company’s stock valued at $7,603,000 after purchasing an additional 26,500 shares during the period. Value Holdings Management CO. LLC boosted its position in shares of Vishay Precision Group by 42.9% in the 1st quarter. Value Holdings Management CO. LLC now owns 10,000 shares of the scientific and technical instruments company’s stock valued at $308,000 after purchasing an additional 3,000 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Vishay Precision Group by 1.2% in the 4th quarter. Russell Investments Group Ltd. now owns 130,128 shares of the scientific and technical instruments company’s stock valued at $4,095,000 after purchasing an additional 1,592 shares during the period. Foundry Partners LLC lifted its stake in Vishay Precision Group by 24.9% in the 4th quarter. Foundry Partners LLC now owns 107,155 shares of the scientific and technical instruments company’s stock worth $3,373,000 after acquiring an additional 21,335 shares in the last quarter. Finally, Teton Advisors Inc. lifted its stake in Vishay Precision Group by 1.6% in the 4th quarter. Teton Advisors Inc. now owns 64,500 shares of the scientific and technical instruments company’s stock worth $2,030,000 after acquiring an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 79.68% of the company’s stock.

About Vishay Precision Group

Vishay Precision Group, Inc designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It operates through three segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.

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Earnings History and Estimates for Vishay Precision Group (NYSE:VPG)

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